Daily market summary,plan charts and data of NF – 10Apr’26

3-1-3 profile got follow through higher open on Friday. Considered bullish above 23910 for 24020/24060 then rejection expected and they gone for this move in IB above 23910 till 24080 then stayed in balance all day.Towards close got clean whip downside below VWAP then closed with new high.

Short covering profile after 3-1-3. Unless we get drive/gap up, odds to have balance in 3days range again.No inventory back up from buyers at close despite closing at 3days range high.

After having large gap now 3days of balance only still and yet to see intiative buying.

24040 support for next session. If we hold this and get drive higher then bullish else overlap to reversal downside odds.

Levels wise, above 24140 could get 24180/24225 if sustains 24280/24325/24375 odds.If fails to stay below 23990 and moves above 24040 then 24070/24110-24120 odds.

Weakness below 24040 for 24010/23980/23950 bounce else 23865/23830 odds and more weakness below 23820 for 23780/23750 if sustains 23710/23680/23650/23600/23540/23500.

Weekly and monthly:

7 weeks of one time frame down stopped and Apr seen reversal back higher to VAH zone of Mar profile now. We have large gap from the week about 550 points and structure wise less chance for large rally further..Either slow grind higher days or good balance odds for the week expecting.

Levels wise 24040 pivot to start the week. If holds then move higher towards 24140/24225/24335-24375 rejection odds else 24500/24600 and less chance to clear above 24600..If at all clears then spike towards 24750-24800/25050 possible. Not able to stay higher above last week high and back below 24040 could test 23950 bounce else 23865-23830 and sustains means 23720/23650 very good support for bounce..If sustains below 23650 then 23540-23500 odds and less chance to break this zone..If at all breaks then spike down odds towards 23400/23250.

Charts and data :